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    Home»Markets»AI-powered blockchain agent ‘ai16z’ hits $1.5 Billion market cap – What’s driving its explosive development?
    AI-powered blockchain agent ‘ai16z’ hits .5 Billion market cap – What’s driving its explosive development?
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    AI-powered blockchain agent ‘ai16z’ hits $1.5 Billion market cap – What’s driving its explosive development?

    By Crypto EditorDecember 31, 2024No Comments2 Mins Read
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    AvatarAI-powered blockchain agent ‘ai16z’ hits .5 Billion market cap – What’s driving its explosive development?

    Journalist

    Posted: December 31, 2024

    • AI16Z’s market cap soared from $900K to $1.5B over the weekend. 
    • The explosive development was pushed by the tokenomics revamp and the 2025 roadmap for Eliza. 

    Solana’s ai16z [AI16Z], the DAO hedge fund behind AI agent framework ElizaOS, was lastly repriced greater to $1.5 billion in market cap following current updates. 

    A current group replace, revealed a 2025 roadmap and potential tokenomics revamp to drive worth at AI16Z. A part of the plans contains Eliza’s launchpad going dwell in early 2025. 

    Moreover, the platform can be remodeled to allow agentic swarms (collective brokers engaged on duties) and go multi-chain.

    AMBCrypto beforehand reported that the updates might permit AI16Z to catch as much as Digital Protocol, its high rival and AI agent launchpad chief. 

    ELizaOS traction aids ai16z

    ElizaOS’s large adoption, which topped the month-to-month trending part of GitHub, fueled the AI agent hype.

    AI agent AI agent

    Supply: GitHub

    This meant extra builders have been prepared and excited to strive the platform for varied AI agent use instances. The market repriced the token since each AI agent launched will probably be tied to AI16Z. 

    Consequently, the token’s market cap shortly exploded from over $900M to $1.5B over the weekend. The token value exploded from $0.8 to $1.4, a virtually 80% rally however eased to $1.2 at press time. 

    AI agentAI agent

    Supply: Coingecko

    Nevertheless, Daniel Cheung, Accomplice at crypto VC Syncracy Capital, projected that AI16Z will flip VIRTUAL after the current updates. He stated, 

    “AI16z simply formally introduced plans for an AI agent platform and worth accrual to AI16z. That is going to flip Virtuals as they proceed to execute.”


    Learn ai16z [AI16Z] Worth Prediction 2025-2026


    For context, VIRTUAL has a market cap of $3.5B. If AI16Z have been to catch as much as VIRTUAL, as Cheung estimated, that will translate to over 2x transfer for the token. 

    Within the meantime, AI16Z was tightly consolidated between $1.2 and $1.4 at press time. If the weekend momentum is sustained into the brand new week, a breakout from the vary might make $1.6 reachable. 

    AI agentAI agent

    Supply: AI16Z/USDT, TradingView

    Subsequent: May Ethereum attain $4,500 by Q1 2025? Analyst predicts a significant breakout



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